Dairy Farm Selects CBX PLM

CBX PLM helps Dairy Farm streamline product management

HONG KONG - October 30, 2008 - Core Solutions, the leader in Global Sourcing and Collaboration solutions, is pleased to announce today that Dairy Farm has selected Core Solutions' CBX PLM to streamline management of the Group’s product information.

Dairy Farm is a leading pan-Asian retailer.  The Group and its associates operate multiple retail brands in supermarkets, hypermarkets, health and beauty stores, convenience stores, home furnishings stores and restaurants, totaling more than 4,300 outlets.

"Dairy Farm selected CBX PLM to eliminate product data silos and speed Own Brand product development with vendors.  CBX PLM will ensure product data and knowledge are consistently and efficiently captured and shared. Product information will be version controlled and easily accessible through the system’s powerful search engine." said Tim Chalk, Corporate Brand Director.

Dairy Farm is consolidating multiple product masters and data pools into CBX PLM as the Group’s common Own Brand product management platform. The system’s workflow and data sharing capabilities help unify and streamline the way product teams across the Group manage and track the creation, change, approval and share information related to Own Brand product and vendors. CBX PLM enables Dairy Farm, leveraging its scale, to build a rich knowledgebase of Own Brand product information and vendor experience. The system will help a buyer, merchandiser and product manager anywhere within the Group to accelerate product development and sourcing, and in turn reduce cost and shorten time-to-market.

"Competition has forced retailers to continuously expand product ranges and regularly change product mixes.  Introducing thousands of new products quickly and efficiently is no small task considering that retailers must also ensure product quality and vendor compliance,” said Michael Hung, Chief Executive Officer of Core Solutions. “CBX PLM provides sophisticated yet practical solutions that increase visibility, collaboration and automation to help retailers such as Dairy Farm dramatically streamline product management and scale its global operation.”

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About Dairy Farm

Dairy Farm is a leading pan-Asian retailer. As at 30th June 2008, the Group and its associates operated 4,359 outlets – including supermarkets, hypermarkets, health and beauty stores, convenience stores, home furnishings stores and restaurants; employed over 73,200 people in the region; and had total annual sales in 2007 of US$6.8 billion. For more information, visit

About Core Solutions

Core Solutions is a leading provider of global sourcing and vendor collaboration solutions. Core Solutions is the only solution provider that helps both buyers and sellers streamline business processes across the end-to-end sourcing lifecycle - from product development to costing, from QA to QC, from order to payment.

Core Solutions offers a powerful set of electronic and web-based solutions that dramatically improve Product Lifecycle Management, Global Sourcing Management, Global Vendor Automation and Supply Chain Collaboration processes. Leading retailers, wholesalers, brand manufacturers and thousands of vendors around the world use Core Solutions' software and services daily to coordinate activities, synchronize data, increase visibility and eliminate manual processes. For more information, visit

 

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